Business Xpress Startup Toolkit Step 2 - Registering

Summary

This video from the Oregon Secretary of State Corporation Division guides entrepreneurs through the second step of starting a business in Oregon: registering the business name. Registration ensures the name's exclusive use within the state and informs the public of the business entity they're engaging with. It's distinct from obtaining a business license. The process involves submitting paperwork or using an online registry, with the understanding that basic business information becomes part of a public database. Online registration is quicker and can be verified by searching the business name in the registry.

Takeaways

• 📚 This video series is a guide for starting a business in Oregon, supplementing the Business Xpress Startup Toolkit.
• 📝 Step 2 for business startup involves registering the business or business name with the Oregon Secretary of State.
• 🔍 Registration of a business name is for personal use within Oregon and informs the public of the business entity they are engaging with.
• 🚫 Registering a business name is distinct from obtaining a business license, which is a separate process detailed in another video.
• 📑 Business registration can be done by completing paperwork for the specific entity type or via an online registry.
• 🌐 Information provided during registration becomes part of the public state business registry database, viewable by the public.
• 🏢 Public record details include the registrant's name, principal place of business, but exclude email addresses and phone numbers.
• ⏱️ Online registration is quicker than paper submission, with processing typically completed within a few days.
• 🔎 To check registration status, visit the online registry and search using the business name.
• 👍 The video concludes by encouraging viewers to explore more Start a Business videos for additional guidance.

Q & A

What is the purpose of the Start a Business video series produced by the Oregon Secretary of State Corporation Division?

The purpose of the video series is to guide individuals starting a business in Oregon through the steps involved and to complement the Business Xpress Startup Toolkit found online.

What is the second step in starting a business according to the video?

The second step is to register your business or business name with the Secretary of State in Oregon.

What does registering a business name in Oregon signify?

Registering a business name signifies that you are reserving the use of that name for your business within the state and informing the public about the identity of the business they are dealing with.

Is registering a business name the same as obtaining a business license?

No, registering a business name is not the same as getting a business license. The video suggests watching a separate video for information on obtaining tax numbers and business licenses.

How can one register a business in Oregon?

One can register a business in Oregon by filling out the appropriate paperwork for their chosen business entity type or by using the online registry through provided links.

What information about a business is made public in the state's online business registry database?

The information that becomes public includes the name of the registrant, the principal place of business, and other details required for registration.

What types of contact information are not disclosed in the online business registry?

Email addresses and phone numbers are not listed online in the business registry.

Why is online registration of a business preferred over submitting a paper form?

Online registration is faster than submitting a paper form, with registrations typically processed within a few days.

How can one check if their business registration has been processed?

The best way to check if the registration has been processed is to visit the online registry and search for the business by entering its name.

What additional resources are available for those starting a business in Oregon?

Additional resources include the Business Xpress Startup Toolkit found online and other videos in the Start a Business series.

What is the Business Xpress Startup Toolkit and how does it relate to the video series?

The Business Xpress Startup Toolkit is an online resource that supplements the information provided in the video series, offering further guidance for starting a business in Oregon.